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Here’s what we are looking for in tomorrow’s economic reports (Mar 21, 2017) — Good Luck Trading!
1. RBA March Rate Meeting Minutes (5:30 NY Time) No Trade – Likely to be positive given RBA optimism but we don’t trade minutes
2. UK CPI, RPI (8:30 NY Time) Bullish GBP – Potential for upside surprise given Smaller decline in BRC shop prices. PMI reports show rise in prices
3. CA Retail Sales (8:30 NY Time) Bullish CAD – Potential for upside surprise given stronger wholesale sales and strong employment
4. US Current Account Balance (8:30 NY Time) Bearish USD – Potential for downside surprise Weaker Trade and TIC data